Federal Reserve policymakers on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up the economy, saying the ongoing coronavirus pandemic will “weigh heavily” on the near-term outlook and poses “considerable risks” for the medium term.
The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government that would help businesses that in the future suffer losses from a pandemic, people familiar with the effort told Reuters.
Yahoo Finance’s Anjalee Khemlani joins Zack Guzman to break down the findings of the NIH clinical trial that indicate remdesivir accelerates the recovery of patients with COVID-19. …read more […]
Some solar workers have been ordered down from rooftops after neighbors called the police, solar industry officials say. …read more […]
Top Boeing Co shareholder Vanguard Group voted against the company’s chairman Lawrence Kellner, citing “control failures” under its audit committee after two 737 MAX plane crashes, according to a stewardship report issued on Wednesday that will further pressure the planemaker.
Face masks, temperature checks and packaged sandwiches could all become part of the daily routine for bankers as their employers work out how to get them safely back into the office.
California Governor Gavin Newsom announced his plan for reopening the state of California. Yahoo Finance’s Melody Hahm shares the details. …read more […]
Amazon.com Inc has bought cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blacklisted over allegations it helped China detain and monitor the Uighurs and other Muslim minorities, three people familiar with the matter told Reuters.
U.S. stocks jumped to seven-week highs on Wednesday as Gilead Sciences gave an encouraging update on a potential COVID-19 treatment and upbeat earnings from Google-parent Alphabet boosted the so-called market-leading FAANG stocks.
From ugly to not so ugly for the U.S. economy, thinks this top economist. …read more […]
Amazon.com Inc has bought cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blacklisted over allegations it helped China detain and monitor the Uighurs and other Muslim minorities, three people familiar with the matter told Reuters.
World stock markets surged on Wednesday following encouraging news for an experimental COVID-19 treatment and some positive earnings reports, while beaten-up oil prices surged.
The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the country, ending the longest expansion in the nation’s history.
Yahoo Finance’s Tech Editor Dan Howley joins the On The Move panel to break down the latest earnings report from Alphabet. …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
